Sens. Brown, Booker Urge Banks to Temporarily Ban Burdensome Overdraft Fees
April 18, 2020
April 18, 2020
WASHINGTON, April 18 -- Sen. Sherrod Brown, D-Ohio, ranking Democratic member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on April 17:
U.S. Senators Sherrod Brown (D-OH) and Cory Booker (D-NJ) today urged more than a dozen bank CEOs to temporarily ban charging customers burdensome bank overdraft fees during the coronavirus emergency. Banks charge such fees to consumers when they make a purchase or pay a bill but don't have sufficient . . .
U.S. Senators Sherrod Brown (D-OH) and Cory Booker (D-NJ) today urged more than a dozen bank CEOs to temporarily ban charging customers burdensome bank overdraft fees during the coronavirus emergency. Banks charge such fees to consumers when they make a purchase or pay a bill but don't have sufficient . . .